Bitcoin Rises After Softer US CPI, Targets $90K Resistance
Bitcoin climbed after the US Consumer Price Index (CPI) came in cooler than expected, prompting risk-on flows into equities and crypto. The softer inflation print reduced expectations for aggressive Federal Reserve rate hikes, lifting BTC from short-term support and putting focus back on the $90,000 resistance level. Trading volumes and option activity picked up modestly, while implied volatility eased. Some altcoins saw profit-taking even as BTC led intraday gains. Short-term implications: higher volatility near resistance, possible continuation if follow-up macro prints and Fed commentary remain benign. Longer-term: easing inflation can support risk assets, but traders should monitor on-chain metrics, miner behavior, liquidity and subsequent CPI/Fed signals. Primary keywords: Bitcoin, CPI, inflation, BTC price, Federal Reserve. Secondary keywords: interest-rate expectations, risk-on flows, trading volume, implied volatility, $90K resistance.
Bullish
The CPI print came in cooler than expected, which directly reduced the likelihood of more aggressive Fed tightening. That macro repricing is a clear bullish driver for Bitcoin: it lifted risk appetite, prompted flows back into BTC, and pushed price off short-term support toward the $90K resistance. In the short term, expect elevated volatility around resistance as traders test continuation vs. profit-taking — option activity and higher volumes reflect more active positioning. If follow-up CPI readings and Fed commentary stay benign, the bullish case strengthens and could sustain further upside. Conversely, renewed inflationary surprises or hawkish Fed signals would quickly reverse the move. For longer-term positioning, easing inflation improves the macro backdrop for risk assets, but traders should also monitor on-chain liquidity, miner selling pressure, and derivatives positioning (implied volatility and open interest) to gauge durability of any rally.